Balance of Payments and International Investment Position Statistics - Intermediate (BPIIPS-M)

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Canonical URL: Balance of Payments and International Investment Position Statistics - Intermediate (BPIIPS-M)

The course aims to provide a deep understanding of the concepts, data sources and compilation techniques for Balance of Payments (BOP) and International Investment Position (IIP) statistics.
It focuses on application in addressing complex methodological issues in accordance with the recently updated Integrated Balance of Payments and International Investment Position Manual, Seventh Edition (BPM7).
The intermediate level presupposes participants' familiarity with the basic concepts.
The course consists of a series of lectures and workshops analyzing country cases with a strong data component and is designed to allow peer learning and sharing of experiences.
Exercises are geared to integrate data compilation with Fund surveillance and policy advice and to demonstrate the analytical uses of external sector statistics (ESS).

Officials responsible for the compilation of external sector statistics (ESS) — Balance of Payments (BOP) and/or International Investment Position (IIP) statistics — who possess knowledge and experience in applying internationally accepted standards for these macroeconomic statistics.

Participants are expected to have a degree in economics or statistics and at least two years of relevant compilation experience or should have completed the Online Balance of Payment and International Investment Position (BOP-IIPx) course.

Upon completion of the course, participants should be able to:
- Apply knowledge gained in dealing with complex methodological and compilation issues related to BOP and IIP statistics.
- Identify potential data sources and compilation techniques to be used to improve the coverage in ESS of activities emerging from globalization.
- Describe the analytical uses of BOP and IIP statistics.

Series of lectures and workshops with country case analyses and a strong data component.
Peer learning and experience sharing incorporated into course design.
Specific exercises integrate data compilation with Fund surveillance and policy advice.
Demonstrates analytical uses of ESS.

Acknowledges challenges in compiling data in emerging areas of user interest, such as:
- Identification of goods traded within global manufacturing arrangements.
- Digital trade.
Examines themes and challenges emerging from developments in the global economy and provides opportunities for participants to discuss how these developments impact compilation work.